Tag: Financial Reporting Council

Who should review your board’s performance?
Rigour and independence are essential for a credible board performance review, as is a process that goes beyond a mere questionnaire.

News round-up: this week in governance
Impact of trade wars, slow progress on audit reform, EY fined over Thomas Cook audit; using AI in the boardroom; UK launches code of practice on cyber governance.

News round-up: this week in governance
Better Business Act campaign grows; sustainability warning to US; EY’s female leadership success; FRC reminder over ‘capital restructuring’.

News round-up: this week in governance
FRC support for Labour’s growth plan; executive pay steers away from ESG; EU’s non-financial reporting debate continues.

A guide to developments in UK governance law
Stay on top of the latest corporate governance legal and regulatory developments that may have an impact on your business.

Lord Sikka: do not change cap on non-audit work
He says the ICAEW’s call to exclude ‘ESG audits’ from the cap will not serve the cause of ‘independent and effective audits’.

Big Four firms’ success threatens sustainability assurance choice
Clients’ preference for a Big Four firm may restrict the market and disadvantage challenger firms, finds the FRC.

Failure to reform audit could hit taxpayers’ pockets
When large firms go bust, ‘the British public pays the price’ in bailouts, job losses and disruption, warns professor.

News round-up: this week in governance
Business more ‘ethical and competent’ than media or government; Entain audit probe; ethical leadership; climate reporting.

News round-up: this week in governance
CEO activism and DEI policies; FRC backs ‘proportionality’ in corporate governance; concern over changes to US AGMs.